NSea Crude-Forties steady as more barrels offered ex-STS
* Vitol offers Forties via STS at dated BFOE minus 15 cents
* Shell bids equivalent of dated BFOE minus 10 cents
LONDON, June 23 (Reuters) - Forties crude oil differentials were steady on Tuesday as more oil was offered from floating storage via ship-to-ship transfer.
FORTIES FOT-E
* Within the afternoon trading window, Vitol offered a Forties cargo for loading via ship-to-ship (STS) transfer at Scapa Flow for July 4-12 at dated BFOE minus 15 cents from the vessel Abqaiq. On Monday, Vitol sold a cargo from the same vessel for July 2-4 loading at dated minus 20 cents.
* Shell holds almost all the cargoes for July 10 and was not reported to be offering but instead bid August cash minus 70 cents for July 4-12 loading, equivalent to around dated BFOE minus 10 cents.
NORWEGIAN GRADES
* Norwegian state-controlled producer StatoilHydro offered four crude cargoes on Monday, all for loading in mid-July, at steady asking prices from Monday (premiums over dated BFOE; Monday's levels in brackets):
- Oseberg July 18 at +1.10 (+1.10)
- Gullfaks July 15 at +1.40 (+1.50)
- Gullfaks July 18 at +1.40 (+1.50)
- Troll July 16 at +2.20 (+2.20)
REFINING MARGINS
* Complex margins for processing Brent in Rotterdam slipped to around $3.60 per barrel on Tuesday, down from $4.50 on Monday. <REF/MARGIN1>
SWAPS
* CFDs were assessed at the following levels at 1530 GMT (Friday's levels in brackets):
- 29-03/7 Aug -0.76 (-0.83)
- 6-10/7 Aug -0.65 (-0.75)
- 13-17/7 Aug -0.57 (-0.65)
- 20-24/7 Aug -0.46 (-0.55)
- 27-31/7 Aug -0.33 (-0.40)
- 3-7/8 Aug -0.20 (-0.25)
ICE MINUTE MARKER
The ICE set its August Brent afternoon marker at $67.25 per barrel, down from $69.49 per barrel on Monday. (Reporting by Christopher Johnson; editing by James Jukwey)
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